EURGBP=X - EUR/GBP

CCY . Currency in GBP
0.87755
+0.00077 (+0.08762%)
At close: 10:30PM BST
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Previous Close0.877
Open0.877
BidN/A
Day's Range0.877 - 0.876
52 Week Range0.8735 - 0.87595
AskN/A
  • Euro climbs against British pound during the week
    FX Empireyesterday

    Euro climbs against British pound during the week

    The Euro rallied significantly during the week, using the 0.8650 level as support. I believe that these markets have a significant amount of resistance at the 0.88 handle, so I think that although we’ve seen some strength, when I look at this chart I see a gradual drift lower.

  • EUR/GBP choppy during difficult Friday session
    FX Empireyesterday

    EUR/GBP choppy during difficult Friday session

    The EUR/GBP pair has been very choppy during the trading session on Friday as we are a bit confused. It’s not a huge surprise, as the market has seen a lot of headline risk coming out of both the European Union and the United Kingdom. However, this past week we have seen headline risk coming in a new form, the idea of the Bank of England being a bit more dovish than anticipated.

  • EUR/GBP turns around during Thursday session
    FX Empire2 days ago

    EUR/GBP turns around during Thursday session

    The EUR/GBP pair has broken down during the day on Thursday, breaking below the 0.87 handle. That is an area that has been support in the past, and now is acting as resistance. I believe that this pair will continue to be very noisy, based upon the negotiations between the United Kingdom and the European Union.

  • EUR/GBP U-Shaped Bottom Hints Potential Bullish Continuation
    FX Empire3 days ago

    EUR/GBP U-Shaped Bottom Hints Potential Bullish Continuation

    The EUR/GBP has broken through the descending trendline and we can see a potential for bullish continuation. Another cue is the U-shaped bottom that has been formed exactly at W L3 support. 0.8688-98 is the POC zone for potential bounces. Targets are 0.8739 and 0.8770. Only if 0.8770 breaks we might see Monthly (M) Pivots as next targets. Have in mind that EUR/GBP is both EUR and GBP news dependent, so any important news could spike the price in both directions, but generally the intraday trend is up.

  • EUR/GBP breaks above 0.87 on Wednesday
    FX Empire3 days ago

    EUR/GBP breaks above 0.87 on Wednesday

    The EUR/GBP got a bit of a boost as deflationary fears entered the picture in the United Kingdom. However, there is a significant amount of noise in the immediate area where we are trading, so it makes sense that we may have gotten a bit of a pullback. I think the next 24 hours could be very crucial for this market.

  • Dollar Gains as Pound, Euro Fall to Day’s Lows
    Investing.com4 days ago

    Dollar Gains as Pound, Euro Fall to Day’s Lows

    Investing.com - The dollar gained ground against a basket of the other major currencies on Wednesday as the pound and the euro both weakened after softer than expected inflation readings in the UK and euro zone.

  • Sterling Drops to Day’s Lows after UK Inflation Data
    Investing.com4 days ago

    Sterling Drops to Day’s Lows after UK Inflation Data

    Investing.com - The pound fell to the day’s lows on Wednesday after data showing that Britain’s inflation fell to its lowest in a year in March, potentially diminishing the chances for a rate hike by the Bank of England next month.

  • Euro falls against the British pound during trading on Tuesday
    FX Empire4 days ago

    Euro falls against the British pound during trading on Tuesday

    The EUR/GBP pair has gone back and forth during the trading session on Tuesday, initially trying to rally towards the 0.8650 level, but then rolled over to break down towards the 0.8625 handle. The market is in a downtrend, so I think that selling rallies should continue to be an issue.

  • Sterling Retreats from Post Brexit High after UK Jobs Report
    Investing.com5 days ago

    Sterling Retreats from Post Brexit High after UK Jobs Report

    Investing.com - The pound pulled back from 22-month highs against the dollar on Tuesday after the latest UK employment report showed that wage growth missed estimates, but a cost of living squeeze is still easing.

  • EUR/GBP noisy to begin the week
    FX Empire5 days ago

    EUR/GBP noisy to begin the week

    The EUR/GBP pair has been very choppy during the trading session on Monday, showing signs of indecision yet again. The market will of course have a lot of things to pay attention to, not the least of which would be negotiations between the EU and the UK.

  • Pound is set for Reaction to U.K Inflation Data
    FX Empire6 days ago

    Pound is set for Reaction to U.K Inflation Data

    The Pound remains within the stronger part of its mid-term range versus the U.S Dollar.

  • Weekly Outlook: April 16 - 20
    Investing.com7 days ago

    Weekly Outlook: April 16 - 20

    Investing.com - Traders will be keeping a close eye on geopolitical developments in the coming week amid heightened tensions between the U.S. and Russia in the wake of U.S.-led missile strikes on Syria and the latest round of U.S. sanctions on Russia.

  • Euro falls against the British pound during the week
    FX Empire8 days ago

    Euro falls against the British pound during the week

    The EUR/GBP pair broke down rather significantly during the week, breaking the bottom of what has been a massive consolidation area. By rolling over the way it has, it looks as if we will go looking for lower levels from here. There are some obvious psychological support levels, but also structural ones that are even lower.

  • Euro continues to struggle against Sterling
    FX Empire8 days ago

    Euro continues to struggle against Sterling

    The EUR/GBP pair has been negative over the last several sessions, and although Friday was a bit rocky, we ended up forming a bit of a short-term bounce. I think that the market breaking down below the 0.87 level is the most important thing that you can see on the chart.

  • EUR/GBP breaks major support
    FX Empire9 days ago

    EUR/GBP breaks major support

    The EUR/GBP pair broke down below the vital 0.87 support level during the trading session on Thursday, which of course is a very negative sign as it has been the bottom of consolidation for a while. Now that we have done this, I believe that the market will continue to go towards the 0.86 level.

  • EUR/GBP Indecision Between Trend Line Diagonals
    FX Empire10 days ago

    EUR/GBP Indecision Between Trend Line Diagonals

    The EUR/GBP has been trapped within the narrow range of W L3 and W H3 Pivot. Slow price action indicates that we might expect a breakout when volatility gets higher. At this point, the price is stalling between the two trend line diagonals that also intersect essential pivot points. Break of W H3 – 0.8737 should target 0.8760 and possibly 0.8792. However a break of D L3 – 0.8710 should target 0.8680. The EUR/GBP ATR is low, so pay attention to breakouts and corresponding targets.

  • EUR/GBP rallies, then pulls back on Wednesday
    FX Empire10 days ago

    EUR/GBP rallies, then pulls back on Wednesday

    The EUR/GBP pair rallied significantly during the day on Wednesday, reaching towards the 0.8740 level, and then pulled back enough to show signs of weakening. This is a very volatile pair, as we continue to witness the negotiations between London and Brussels.

  • EUR/GBP continues to find support at crucial level during Tuesday trading
    FX Empire11 days ago

    EUR/GBP continues to find support at crucial level during Tuesday trading

    The EUR/GBP pair initially pulled back during trading on Tuesday but found enough support underneath to turn around and rally significantly. The 0.87 level continues to be very crucial, so pay attention to this market.

  • Pound Hits 2-Week Highs on BoE Rate Hike Comments
    Investing.com12 days ago

    Pound Hits 2-Week Highs on BoE Rate Hike Comments

    Investing.com - The pound rose to its highest level in two weeks against the dollar on Tuesday after a senior Bank of England official said UK interest rates should be raised again without delay.

  • EUR/GBP continues to test major support on Monday
    FX Empire12 days ago

    EUR/GBP continues to test major support on Monday

    The EUR/GBP pair bounced a bit during the trading session on Monday, as the 0.87 level continues to be massive support. I believe that the market will continue to respect this area, as it was the bottom of the longer-term consolidation area that has been such a major part of this market.

  • Weekly Outlook: April 9 - 13
    Investing.com14 days ago

    Weekly Outlook: April 9 - 13

    Investing.com - Investors will be closely watching trade related developments in the coming week after renewed jitters over trade tensions between the U.S. and China sent the dollar sliding on Friday.

  • EUR/GBP continues consolidation after a negative week
    FX Empire15 days ago

    EUR/GBP continues consolidation after a negative week

    The EUR/GBP pair went a bit lower during the week, reaching down towards the 0.87 level, an area that has been the bottom of the consolidation for some time. That being said, I believe that we will continue more of the same.

  • EUR/GBP continues to be noisy, but is near major support
    FX Empire15 days ago

    EUR/GBP continues to be noisy, but is near major support

    The EUR/GBP pair continues to fall overall, as we are testing major support. I believe that this support level is crucial, as it has shown a significant amount of buying pressure underneath. The 0.87 level is massive and its importance.

  • EUR/GBP grinds higher during quiet Thursday session
    FX Empire16 days ago

    EUR/GBP grinds higher during quiet Thursday session

    The EUR/GBP pair has rallied a bit during the trading session on Thursday, reaching towards the 0.750 level. We have a significant amount of support at the 0.87 handle, which is the bottom of the overall consolidation that we have been in for some time.

  • EUR/GBP choppy during training on Wednesday
    FX Empire17 days ago

    EUR/GBP choppy during training on Wednesday

    The EUR/GBP pair was initially positive on Wednesday but found enough resistance near the 0.8750 level to roll over a bit. I think that this market is going to continue to be very difficult, but we are much closer to the bottom of the larger consolidation area that we are the top. By default, this means that most traders will be looking to buy this pair given an opportunity.